Centerpoint Advisors LLC Boosts Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Centerpoint Advisors LLC lifted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 247.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 590 shares of the company’s stock after acquiring an additional 420 shares during the period. Centerpoint Advisors LLC’s holdings in iShares Select Dividend ETF were worth $73,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Haverford Trust Co grew its stake in iShares Select Dividend ETF by 2.9% during the 1st quarter. Haverford Trust Co now owns 23,741 shares of the company’s stock worth $2,924,000 after buying an additional 660 shares during the last quarter. Pittenger & Anderson Inc. grew its stake in shares of iShares Select Dividend ETF by 51.2% during the first quarter. Pittenger & Anderson Inc. now owns 983 shares of the company’s stock worth $121,000 after acquiring an additional 333 shares during the last quarter. Fidelis Capital Partners LLC increased its holdings in shares of iShares Select Dividend ETF by 15.9% during the first quarter. Fidelis Capital Partners LLC now owns 12,620 shares of the company’s stock valued at $1,555,000 after acquiring an additional 1,730 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. purchased a new position in shares of iShares Select Dividend ETF in the 1st quarter valued at approximately $212,000. Finally, Palisade Asset Management LLC boosted its stake in iShares Select Dividend ETF by 18.4% in the 1st quarter. Palisade Asset Management LLC now owns 3,221 shares of the company’s stock worth $397,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock traded up $0.24 during mid-day trading on Monday, reaching $120.23. 333,150 shares of the company traded hands, compared to its average volume of 510,243. The firm’s fifty day moving average is $122.01 and its two-hundred day moving average is $119.21. The company has a market capitalization of $18.03 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $125.99.

iShares Select Dividend ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.9304 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 dividend on an annualized basis and a yield of 3.10%.

iShares Select Dividend ETF Company Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.